Price for Inner Tubes, of Rubber in Jordan - 2022

Price for Inner Tubes, of Rubber in Jordan (CIF) - 2022

The average inner tubes, of rubber import price stood at $4 per unit in 2022, jumping by 42% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inner tubes, of rubber import price decreased by -2.0% against 2020 indices. The import price peaked at $4.1 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($7.1 per unit), while the price for Pakistan ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inner Tubes, of Rubber in Jordan (FOB) - 2022

The average inner tubes, of rubber export price stood at $7.6 per unit in 2022, rising by 46% against the previous year. Overall, the export price saw a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of 46% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +11.4% per year.

Imports of Inner Tubes, of Rubber in Jordan

For the fourth year in a row, Jordan recorded growth in overseas purchases of inner tubes, of rubbers, which increased by 23% to 178K units in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, inner tubes, of rubber imports soared to $710K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Inner Tubes, of Rubber in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	5.5	6.9	28.2	285	272.8%
Vietnam	15.9	53.4	39.4	233	144.7%
Poland	25.4	54.3	41.6	82.5	48.1%
China	24.0	27.9	57.1	46.0	24.2%
South Korea	99.1	203	22.4	37.6	-27.6%
Pakistan	2.7	14.6	15.7	5.2	24.4%
Italy	19.6	14.5	5.6	1.5	-57.5%
Kuwait	4.5	7.2	6.2	N/A	17.4%
United Arab Emirates	12.0	9.3	32.4	N/A	64.3%
Others	120	180	159	18.1	-46.8%
Total	329	572	407	710	29.2%

Top Suppliers of Inner Tubes, of Rubber to Jordan in 2022:

India (80.7K units)
Vietnam (32.9K units)
China (31.7K units)
Poland (15.5K units)
Pakistan (9.5K units)
South Korea (6.0K units)
Italy (0.3K units)

Exports of Inner Tubes, of Rubber in Jordan

After two years of decline, shipments abroad of inner tubes, of rubbers increased by 1,188% to 5.6K units in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, inner tubes, of rubber exports surged to $42K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.